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Hardcover Wealth by Association: Global Prosperity Through Market Unification Book

ISBN: 1567205291

ISBN13: 9781567205299

Wealth by Association: Global Prosperity Through Market Unification

European monetary unification has produced a $15 trillion windfall to its member nations that is rarely discussed or accounted for in analyses of economic integration. Edmunds and Marthinsen argue that the reduction in cross-border risks--foreign exchange uncertainty, inflation differentials, competitive devaluations, and protectionism in financial services, among other--is directly responsible for an explosion in the value of fixed income assets...

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Format: Hardcover

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